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Retirement tax questions
Thanks again. I went back and looked at my returns on turbotax. I obviously made a mistake of reporting 2021 tIRA contribution as $5900 which needs to be fixed to $6000. But, I did not miss out on reporting about the $5800 roll over. There is a 1099-R entry for $5800 thats reported as “Early Distribution” which was accounted as “Taxpayer moved the money to another retirement account” and “Taxpayer rolled over all of this money”.
I am scratching my head why this still resulted in an incorrect 8606. Thoughts?
December 24, 2022
12:35 PM